false
false 0 0

Meenakshi Nagendra

#passionate#hustler
Meenakshi needs to purchase input credits to ensure a continuity to her farming activity.

Agripreneur

Mysuru, Karnataka

15,000 Loan is fully repaid

312 potential days of livelihood i


For over eight years, Meenakshi Nagendra has been toiling on her land. Meenakshi is from Mysuru, Karnataka. The COVID-19 crisis has put the family of four in great distress. With the sowing season just round the corner, Meenakshi is looking to purchase some fertilizers and employ labourers on her farm. The loan will help her purchase quality fertilizers and hire help on her farm to ensure a bountiful harvest. Invest in Meenakshi to help her get through these tough times.

I wish to give a good future to my children.

About Meenakshi Nagendra's livelihood

Meenakshi is an agripreneur who works 8 hours a day for 6 days a week. With this loan Meenakshi will potentially obtain employment for 312 days.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

0.0% flat p.a.

0.0% APR

Social
Investor i

0.0%

0.0% APR

Impact
Partner i

up to 0.0%

0.0% APR

Platform
charges i

0.0%

0.0% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

15,000

Loan
tenure

6 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Farming

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit
bureau
score i

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

B

VILD Foundation

Karnataka
Partner since 2019

About

VILD Foundation has been working to improve the socio-economic status of communities through formation and promotion of SHGs, microcredit and facilitating income generation activities. Presently they facilitate around 311 SHGs covering 90 villages & 6 towns in Mysore district.

Impact Narrative

Rang De loans are enabling street vendors, farmers and micro entrepreneurs in rural Mysore to build and grow their businesses.

Rs 14,35,000

Disbursed

85

Investees

96%

Repayments

Rang De's concern towards excluded communities is reflected in the interest rates that are offered to the borrowers.

- N Mahadevswamy, Senior Manager, VILD

0 more to go -409 days remaining

added to cart